Vice President, Head of U.S. Compliance Advisory
Chicago, IL - USA
Job Summary
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Team Overview
The U.S. Compliance Advisory team provides practical risk-based compliance advice to business stakeholders on regulatory obligations that apply to TransUnions U.S. products sales activity customer questions and operations support.The team sits within the Risk and Compliance Department and partners closely with Global Solutions U.S. Markets Global Operations Legal Global Audit and Advisory Global Technology and Data and Analytics.
This role reports to the Chief Risk and Compliance Officer. This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.
Role Overview and Core Responsibilities
Lead and set the strategic direction operating model priorities and key initiatives for the U.S. Compliance Advisory function ensuring resources are aligned to the highest-impact business regulatory and risk priorities.
Serve as a senior strategic advisor to business leaders by providing timely practical and risk-based guidance that enables responsible innovation while ensuring compliance with applicable U.S. regulatory obligations.
Oversee compliance advisory support for product development through the Product Development Life Cycle drive continuous improvement of approval and advisory processes and partner with International Risk and Compliance and Global Solutions to expand the new product approval process globally.
Lead enterprise assessment of new laws and regulations impacting U.S. products customers sales activity and operations ensuring clear ownership prioritization and execution of required implementation plans.
Provide executive oversight for Issue Management by guiding business leaders through identification of control breaks assessment of customer or consumer impact root cause investigation and timely remediation of potential harm.
Partner with Regulatory Exam Management to shape and support the companys approach to regulatory exams inquiries and enforcement activity ensuring responses are coordinated timely risk-based and appropriately escalated.
Build and maintain trusted executive relationships across Global Solutions U.S. Markets Global Operations Legal Risk and Compliance Global Audit and Advisory Global Technology and Data and Analytics to influence outcomes in a highly matrixed environment.
Develop organizational capability by coaching mentoring and leading the U.S. Compliance Advisory team including managers while assessing talent succession seniority expertise and resourcing needs required to support current and future priorities.
Own and strengthen policy governance Cross Functional Leadership Team advisory support and Risk and Compliance Committee oversight by ensuring subject matter expert accountability timely policy maintenance effective escalation and consistent risk-based decision-making.
Required Knowledge and Experiences
Bachelors degree and 15 or more years of compliance experience in a highly regulated industry including successive leadership roles and seven or more years managing teams including managers.
Deep expertise in U.S. consumer protection laws including Fair Credit Reporting Act (FCRA) Unfair Deceptive or Abusive Acts or Practices (UDAAP) Gramm-Leach-Bliley Act (GLBA) and Drivers Privacy Protection Act (DPPA) with the ability to apply that expertise to product sales operations and customer support decisions.
Experience with U.S. privacy laws including data broker laws California Consumer Privacy Act (CCPA) and other comprehensive state privacy laws with the ability to assess business impact and lead required implementation plans.
Experience navigating highly matrixed organizations and interacting effectively with senior leaders regulators and external entities.
Required Technical Skills
Working knowledge of the Product Development Life Cycle process and the ability to use it to guide compliant product development and continuous process improvement.
Strong project management skills including the ability to organize and manage multiple priorities deadlines action plans and stakeholder expectations concurrently.
Ability to assess regulatory change Issue Management policy governance regulatory exam support and enforcement-related obligations and translate them into practical business requirements.
Were also looking for the preferred skills below. Whether you are proficient or could use some brushing up were happy to support your career development and growth in:
Juris Doctor degree experience in financial services and experience interacting with federal regulators.
Familiarity with AdTech and regulations governing the marketing industry including experience evaluating the marketing of consumer financial services.
Familiarity with telecommunications regulations including Customer Proprietary Network Information (CPNI) and Federal Communications Commission (FCC) regulations.
Experience thinking creatively and innovatively when providing legal or compliance advice in a fast-moving business environment.
The U.S. base salary range for this position is $193500-$353250 annually. *The salary range for this position reflects a reasonable estimate of the range of compensation for this job. At TransUnion actual compensation is based on careful consideration of additional factors such as (but not limited to) an individuals education training work experience job-related skill set location and industry knowledge as well as the scope and responsibilities of the position and market considerations. Regular fulltime non-sales positions may be eligible to participate in TransUnions annual bonus plan. Certain positions may be also eligible for long-term incentives and other payments based on applicable company guidance and plan documents.
Benefits that support every part of your life:
At TransUnion we design benefits to help youfeel well do well and plan wellfrom day one.
For Your Health: Enjoyday-one eligibilityfor medical dental and vision coverage plus supplemental plan options. Spousal domestic partner and other eligible dependent coverage is available on select plans. Choose taxadvantagedHSAandFSAaccounts to make everyday care more affordable.
For Your Protection: Weve got your back withcompanypaid basic life and AD&D optionalvoluntary life and AD&Dfor you and your family andshort and longterm disability. You can also opt into alegal planpet insurance andtravel accident coverage.
For Your Family: Fromadoption assistance and fertility planning coveragetocaregiver support were here for every chapter. AccessDependent Care FSA for possibility of an employer match a andup to 12 weeks of paid parental leavewith eligibility for a thoughtful gradual return.
For Your Future: Build toward whats next with our401(k) with employer matchandEmployee Stock Purchase Plan (ESPP). Tapfinancial wellness resourcescareer coaching and optionallongterm care insuranceto plan confidently.
For You: Grow and recharge withtuition reimbursementflexible time off for exempt employees or paid time off for nonexempt employees up to 12 paid holidays per year commuter benefits employeediscountscharitable gift matching andpaid volunteer time off plus corporate volunteer events that make it easy to give back.
For Your Wellness: Access24/7 supportincluding professionaltherapycoaching and emotional wellbeing programs alongside guided meditation and resources that supportphysical mental social and financial wellness.
We are committed to being a place where diversity is not only present it is embraced. As an equal opportunity employer all qualified applicants will receive consideration for employment without regard to race color religion sex national origin age disability status veteran status genetic information marital status citizenship status sexual orientation gender identity or any other characteristic protected by law. Additionally in accordance with Section 503 of the Rehabilitation Act of 1973 and the Vietnam Era Veterans Readjustment Assistance Act of 1974 TransUnion takes affirmative action to employ and advance in employment qualified individuals with a disability and protected veterans in all levels of employment and develops annual affirmative action plans. Components of TransUnions Affirmative Action Program for individuals with disabilities and protected veterans are available for review to any associate or applicant for employment upon request by contacting .
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law including the Los Angeles County Fair Chance Ordinance for Employers the San Francisco Fair Chance Ordinance Fair Chance Initiative for Hiring Ordinance and the California Fair Chance Act.
Adherence to Company policies sound judgment and trustworthiness working safely communicating respectfully and safeguarding business operations confidential and proprietary information and the Companys reputation are also essential expectations of this position.
TransUnion Overview:
At TransUnion we encourage and are committed to creating a real positive impact and shared sense of purpose within our Workforce for Good which empowers our people to grow innovate and contribute to a better future for our communities and customers. We strive to build an environment where our associates are in the drivers seat of their professional development while having access to help along the way. We recognize that success comes when our associates thrive both professionally and personally; thats why we prioritize work/life flexibility and offer resources for our teams across the globe to collaborate and drive excellence.
Be a part of our Workforce for Good youll work with great people pioneering products and cutting-edge technology.
TransUnions Internal Job Title:
VP ComplianceCompany:
TransUnion LLCRequired Experience:
Exec
About Company
Company Overview TransUnion is a leading global risk and information solutions provider. Our mission is to help people worldwide access opportunities that lead to a higher quality of life. We accomplish this by delivering solutions that help organizations optimize their risk-based dec ... View more